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toward the alpine region. some shower weather for the u.k. and much of france, too. over eastern parts of europe seeing cloudy skies, outbreaks of rain. -14 degrees is expected in moscow. we have a fairly brisk, northwesterly wind making an impact all the way down towards sudan seeing temperatures below average at 29 degrees. as we move into central parts of africa, while the monsoon rains are pushing further, a decent amount of rain is being reported but generally you see the rainfall pushing away from the democratic republic of the," . -- of congo. >> the french president, president hollande, has addressed the parliament as it celebrates 50 years of independence. although he did not directly apologize, he did say he recognized the suffering experienced by algerians. u.n. secretary general ban ki- moon sees little hope for political dialogue and is worried about atrocities being committed by both sides in syria. vladimir putin appears to be distancing himself from the syrian president. he says russia is not backing the syrian government at any cost. south korea's first-team a presiden
pregnancy by saying, they should just say no. and rita tweet this had, laughable. uk and others are baffled by nra insistence guns are good. you've lost your tag land of the free. and tammie says i thought about this the other day. if you know i'm armed you are less likely to attack me. and willie it's crazy how does it look to our kids? guns in school is demoralizing and weak. >>> people from across the globe, reaching out to those in newtown, offering prayers and support. cnn's lisa sylvester has a look. >> it's a perfect b. >> reporter: 4-year-old katelyn takes her time. she is writing a letter. >> dear parents, i know that you are upset. >> reporter: a letter to the parents of the children killed in the newtown shooting. she and her mother live in maryland. they have never been to newtown. in fact, they've never been to the state of connecticut. but they wanted to show the town that they care. >> we're writing letters just to let them know that our hearts are with them, they're in our prayers. >> because i want to make them cheer up. >> right away, we started seeing mail volume coming i
shocked. they have seen politicians come and go for 60 years. >> for some towns in the u.k., christmas is turning into a season of taking rather than giving. several police forces are reporting a rise in shoplifting. they might have been the kinds of things that could be given as gifts, but now it is groceries. chris has been to the north of england, an area that was hit hard by the economic downturn. >> with christmas days away, the streets are filled with shoppers. watch closely, you will see this woman with a bike and a basket. he leaves without going into the till. also of concern is the growing number of people who appear to be committing the crime because they're desperate. >> forcing it on a small number of individuals, including young mothers. >> if you look at powdered milk , the expense of things coming into the household. >> makes sense of international news at bbc.com/news. >> funding of this presentation was made possible by the freeman foundation of new york, stowe, vermont, and honolulu, newman's own foundation, and union bank. >> at union bank, our relationship managers
game change. >> one question you had. why is it so hard for the u.s. to enact policies like in the u.k. that have reduced mass shootings? what actions can be taken? >> of households that have both guns and young children in them, more than 50% of the respondents say that the gun is stored, not locked up. >> reporter: another question. how can we convince gun enthuse arizonas that controls -- enthuseiasts that controls don't end the right to own guns. >> one fear is that greater restrictions are a step down the slippier slope towards completely banning handguns, but that option has now been taken off the political table by the supreme court. so gun enthusiasts shouldn't have anything to fear from universal background checks. >> reporter: another question you had. how do we get more guns into the hands of responsible people and more guns at school to prevent similar scenarios from happening? >> the argument goes criminals will be afraid of encountering an armed civilian. unfortunately the research doesn't bear that out. there isn't credible, responsible, persuasive evidence that arming c
is reacting here in newtown, connecticut. >> you mentioned the soccer players in the uk and we're getting response from the uk and all over the world. if there is one thing aside from political disagreements that the world can agree on is the innocence of our children, specifically, from david cameron, the british prime minister, you know, back in 1996, they suffered through a school shooting. his stamentd from ten downing. my thoughts are with the injured and those who have lost loved ones. it is heartbreaking to think of those who have had their children robbed from them at such a young age when they had so much life ahead of them. as we mentied that shooting in '96 and also in '96 a shooting in tasmania that ended with five people being killed. that statement after that we received from prime minister julie gillard. >> it is almost beyond comprehension, but that is what we have seen today. heartfelt sympathies go to those families who have lost a child. to those families who have lost a loved one. to those families who are now trying to counsel their young children that has been witnes
to the rest of the world, if you look at germany, uk, japan, france, all of whom have very strong gun regulations, we have more gun deaths in one week than they have in an entire year, and the incidents -- the number of times in which guns inside a home are used for self-defense are exceedingly small, on the order of maybe 1 in 15, 1 in 20 as compared to the number of times when a gun is used either for suicide or a homicide. anybody that looks at the data here is quite clear that on the whole, particularly things like assault weapons, create far, far more kor nage in th carnage in this country than they prevent. to a large extent the reason why i think progressives have not been able to mount an effective campaign for sensible gun laws, it's been a failure of the progressive movement, and i think that will now change with progressives. they must realize they have to make this an election issue. all of the polls show that the public is widely in favor of sensible gun regulations. i will point out what i said on friday. president clinton after columbine when we were meeting in the oval
afterwards. but by the time of 2002 until 2011 or 12, gun violence in the uk has plummeted by 44%. you simply cannot argue with facts and statistics like that. in australia, a massacre in 1996, inleapt into action. and in a consensus, they instituted a ban on the sale, import, ownership of semi automatics, what's known as assault rifles and pistols and again the gun crime plummeted like a stone. and harvard university did a really important study. they looked at massacres in the 18 years before the new laws. there were 13. 102 people were killed. after the new laws in australia, not one multiple shooting. facts don't lie. >> but they don't have a second amendment. they don't have the second amendment. >> it's not just the second amendment, though. we're in a political moment here where two forces are in tremendous conflict. one is this national revulsion at what happened. the polls have moved very quickly. >> six in ten said they would like to see the kind of gun used to kill those children, that bushmaster rifle outlawed. >> absolutely. that's a real phenomenon and you can see it in the reac
in the uk. and then this summer the community turned another corner. andy murray, the tennis champion, who survived the dunblane massacre by hiding under a desk won gold at the london olympics. for dunblane at latest there was a joyful legacy to balance its terrible stigma. but as soon as the news of the sandy hook elementary school shootings broke, old wounds reopened. >> obviously our hearts go out to them. and -- sorry. i'm not really giving them the best for someone who's moved on, but i think out of the most tragic circumstances, some good does appear, and hopefully that will happen for them. >> reporter: at the dunblane community center, they're lighting candles of condolence and sending sympathy from one of the only places on earth that really understands the depth of newtown's grief. elizabeth palmer, cbs news, dunblane. >> coming up after your local news on "cbs this morning," many more on the scathing investigation into the deadly benghazi attack. a live state department report. >>> plus reaction from the national rifle association on calls on gun control following the sandy hook
of handguns in the uk. and then this summer, the community turned another corner. andy murray, tennis champion, who in 1996 survived the dunblane massacre by hiding under a desk, won gold at the london olympics. for dunblane, at last there was a joyful legacy to balance its terrible stigma. but as soon as the news of the sandy hook school shootings broke, old wounds reopened. >> obviously, our hearts go out to them. [ pause ] >> sorry. i'm not really giving them the best advert for someone who's moved on. but i think out of the most tragic circumstances, some good does appear. and hopefully that will happen for them. >> reporter: at the dunblane community center, they're lighting candles of condolence and sending sympathy from one of the only places in the world that really understands the depth of newtown's grief. elizabeth palmer, cbs news, dunblane. >> and that's the "cbs evening news" for tonight. for all of us at cbs news all around the world, good night. breaking news out of san jo. right now the san jose city is on lockdown >>> good evening, i'm elizabeth cook. >> i'm ken bastida. we h
as analysts cut their outlook for the uk power group. >> okay. welcome. it's the start of a brand new week here on "worldwide exchange." and don't adjust your set, kelly and i are together. >> for once, for a day. >> but make the most of it because it won't be lasting. >> if only there were a slo-mo. >> i'm going to enjoy as much as i can of today. >> and likewise. and then we're going to have to get all of our u.s. voouers to find cnbc world because they could get three hours of you, carol and carolin for the rest of the week. >> whatever they can do. record it and fast forward to the good bits. >> yeah. >> it will be 2:00, 3:00 in the morning or whatever. >>> on today's show, plenty to come on. >> yes. the south american union faces ejection from the imf for allegedly cooking its books about the innation rate. we'll head out to europe where the swiss banking giants could be facing $1.6 billion over libor rate rigging allegations. >> and we'll be on the floor in beijing where china's leaders just wrapped up a major conference. >>> and japan's prime minister election is calling on the bank
, this is getting coverage in the uk. i have a friend in peru who had seen it on tv in peru, it's all over the world. mexico is on a global stage right now, and they need to do the right thing. martha: this is an ally and a huge trading partner of the united states, and it's apparent to me that all you're asking for is fair treatment for your son, and that he be returned on what you see as a baseless charge. >> precisely. martha: john and olivia we hope your son gets home in time for christmas and he can share that special time with you and your family and get out of there. and we are going to stay on top of this story. we thank you so much for being with us today. thanks to you both. >> thank you. bill: it's a tough, tough time. jon scott is coming up a couple minutes away, hospitals what is going on. jon: a new report from an independent group. it has a lot to say about what went wrong in benghazi. the tere owe attack back on september 11th left four americans dead, and it says the state department messed up big time. we'll go in depth on that. plus the president just about to announce the steps h
in the u.s. and the u.k. and canada. >> some showers still. that is right james i put into motion you can see exactly which direction the shower is moving. we are seeing the abundance of the heavy rain sitting off the coastline. that is offshore. we have been contending with wet weather in the north bay for some time. santa rosa has received over an inch of rain in the past 12 hours alone. >> said a look at the yellow on your screen over the bottle and the 1 1/37 interchange. take a look at rain fall rate see how much is currently falling in your neighborhood. >> flirting with and half inch in sunspot again it depends on where you're located. heavy rain for portions of 101. you can see in windsor heavy rain right now not to bad in santa rosa. they are catching a bit of a break. seeing rain in the richmond district. the sunset and acting as a specific site. a portion of the downtown area in san francisco is contending with rain. >> off a lot of the surface streets is affected. market street, a very boulevard, sunset boulevard, at 19th avenue headed out of the city. >> we will continue to s
are not the principal problem, the grass root advocacy made all handgun use illegal in the u.k. >> most stayed after the killings. in fact, it's grown since then. those there now are writing messages to newtown and book of condolences. cappeddals lit every year on the shooting were lit again. their advice to get through the pain, recommit to family, community and religion. the warning is the loss never really goes away. >> she never leaves. she never leaves my head. >> residents have changes in school security and parental supervision. some things they couldn't change, which may be another tip for newtown. the school's gym where most of the carnage occurred was destroyed and replaced with garden of remembrance. >> bret: thank you. later we'll explain why it's so hard for the federal government here to keep spending under control. the next niece the series "the cost o spending." up next, another winkle in the fast and furious case. allegations the atf did more than just let guns walk. i always wait until the last minute. can i still ship a gift in time r christmas? yeah, sure you can. great. where's
of this great nation and in other countries of the world. i'm getting phone calls from russia, portugal, uk, people cannot believe what's happening here. people in, like, i was in virginia, i went to d.c. to see our senators on capitol hill. >> you already did that? >> yes, yes i returned this morning. >> do you feel that there is a possibility for change? >> definitely. we met with senior aids to president of the united states. valerie jarrett and she told us this is a personal priority for our president. he is making a personal commitment to advance this cause, to make our schools safe to make our public safe. this should not be a partisan issue this should be an issue for the entire nation. we should join the ranks and we should create policies that are balanced that would -- >> lillian for you, you want to have a civil discussion about this. >> very much so. >> but you want something to come out of this. >> absolutely. i'm not the only one. all of the funerals and wakes i've attended, people have to have it be a civil discussion and change now. there's actually a group now that has form
of the u.k., for example. >> we need to look very hard and fast at our culture in general. it's a culture of deep decadence and violence. >> we need to look within our families. we don't want to get into blaming the victim here, but we also have to be a little more discerning as to keeping weapons in the home with people who may not be stable enough to have the judgment to use them properly. >> okay. all right. >> thanks, everybody. >> thank you. >> appreciate it. >>> a holiday salute to our troops from wrestling superstar john cena right after this. ques? anyone have occasional constipation, diarrhea, gas, bloating? yeah. one phillips' colon health probiotic cap each day helps defend against these digestive issues with three strains of good bacteria. approved! [ phillips' lady ] live the regular life. phillips'. [ phillips' lady ] live the regular life. sfx- "sounds of african drum and flute" look who's back. again? it's embarrassing it's embarrassing! we can see you carl. we can totally see you. come on you're better than this...all that prowling around. yeah, you're the king of the jun
had, why is it so hard for the u.s. to enact policies like in the u.k. that have reduced mass shootings. what actions can be taken? >> households that have both guns and young children in them, more than 50% of the respond dents say that the gun is -- pond dents -- respondenss say that the gun is not locked up. >> reporter: how can we convince gun enthaisists to controls don't eliminate the right to legitimately and safely own guns? >> the option has now been taken off the political table by the supreme court. so gun enthusiasts really shouldn't have anything to fear from universal background checks. >> reporter: another question you had: how do we get more guns into the hands of responsible people and more guns at school to prevent similar scenarios from happening? >> the argument goes criminals will be afraid of encountering an armed civilian. unfortunately the research doesn't bear that out. there isn't credible, responsible speaker -- responsible persuasive evidence that arming civilians reduces crime. >> we are likely to see more of a discussion, bruce, on those universal
are required to pay less obviously in u.k. pounds. english homeowners are required to pay those back, but the u.s. institutional investors who purchased that they're based on have to pay their obligations, that is u.s. pensioners and other investors in funds have to pay those back in u.s. dollars. as such, the u.k. securitize her will turn three basic currency swap to effectively protect investors from any currency fluctuations in buying the securitization. that way the english homeowner gets their mortgage in u.k. pounds, but ultimately the institutional investor can focus on the credit and prepayment risk of the securities rather than currency fluctuations. historically this has been a challenge and there's been little interaction between cftc in securitization. rule changes and proposals have unfortunately created significant concern for securitization markets. first, posting a cash margin may be required for securitization for the most basic vanilla types. poor regulations may trip up in rope in many securitization transactions into those rules. first let me address briefly the gas margin.
to the source. fast. [ male announcer ] stop the uh-oh fast with kaopectate. >>> the southwest uk is getting hammered with rain causing some travel nightmares. it has to rain a lot in the uk to make any kind of difference. they're used to it. there is floodwater everywhere in devon, england. the drenching rain is causing massive travel problems. with roads and rail lines as well washed over. that's affecting the commute for people. britain's lined up sandbags on the weekend and now officials are warning people about even trying to get out on the roads. parts of wales and scotland are also getting flooded. >>> people in chile and argentina are watching a volcano that straddled the border between the two countries. the volcano has been spewing smoke into the sky. ash has been raining down on surrounding towns. you can see it there. almost looks like snow. it is ash. i'm joined now in the phone by larry masten. so far, chile is on red alert, but no one has been ordered to leave. why is that, larry? >> well, i can tell you based on what i've seen in the reports from the chilean agency, there was
like the united states or uk or canada. >> max, let me get your take really on the broad question of where we are in the economy and what we're seeing in terms of selling right now. are you seeing business pick up, or do you think people are sort of sitting on their hands because we're worried about so many things out there, including the fiscal cliff? >> that's a great question, maria. apple's stock performance has a lot to do with the fiscal cliff. people are painting their years to try to benchmark against the s&p and re-base their apple which many will request into in q1 at the new higher price for tax reasons. that being said, apple is a luxury product, a luxury product that hasn't fully 100% delivered on the price premium, given the sensitivity in the market and the sensitivity about dysfunction in washington, all things being equal, that's something of a headwind and we should keep in mind, too, part of the bargain hunting has to do with concerns of growth that's been lately better news but pretty marked in the chinese economic landscape for the last several months. >> same
's almost commonplace this kind of event. >> in the uk i think the deaths in the last year or so were 60 gun-related homicides in the entire year. in a country that has very, very strong gun control legislation. compare that to 30 a day, 200 a week, 11,000 a year. i mean, the data is just overwhelming in this case. >> and yet, joan, notwithstanding what julian has just said, in places like michigan the legislature has actually promoted bills which allow people to carry concealed weapons into church, onto school premises, into colleges. >> right. >> notwithstanding the evidence. >> notwithstanding the evidence, and they did that right after the clackamas shooting which also use assault weapons. you know, we had a murder -- a tragic murder/suicide with guns in a situation that might not have escalated to that kind of violence without guns. you know, what does it take in just the span of a week to get us to move? i was also really glad that the president brought up chicago because we can't only be focused on this tragedy in this particular community, but we have to look at the toll that guns ar
, serbia, swede and switzerland and the u.k. allows women to serve in artillery. why is america so far behind the rest of the world? >> you know, i think we're just attached to those past rules that have been in place and it is not really taking into account the change in the modern warfare today and the fact that women have really been in combat for the last ten years in the last two wars we've been in. >> john: 14% of the 1.4 million active military are women. but 238,000 jobs across the armed forces are completely off-limits to them. is there any reason that you are given consistently by the brass as to why this is? >> you know, i think the policy is in place just because it has always been in place. the military hasn't quite caught up yet. the reasons tend to be women can't keep up. women don't belong. they won't fit in. and again i don't have to argue about what good women are or the nature of women if we're aggressive enough. i can just point to the last ten years of history and the fact that they have been doing
government soldiers had defected sin the infantry academy came under siege. >>> and in the uk, a mass was held today for the nurse who apparently hanged herself after a prank call. her husband and children spoke about their loss for the first time since her death. she took the hoax call from two australian deejays. the funeral will be held on monday in southern india. don? >> thank you very much, deb. we'll get back to you in a minute. you know, the connecticut shooting has chilled the hearts of people all across this country and it's brought back horrifying memories of the column bin tragedy. for survivors it's like reliving this nightmare all over again. it's one of the first things that we think about when they think about a school shooting. joining me now is an author from new york. dave, you wrote about the tragedy. does yesterday's killing bear a resemblance to that or virginia tech or any of the other shootings? >> well, yes it does in a whole lot of ways. especially emotionally i think for all of us. i talked to quite a few of the columbine survivors yesterday who were having
, d.c. where we ban guns and murder rates and violent crimes went up. in the uk in jamaica and ireland, island nations that banned guns, you can't find a place where murder rates have gone down. they have gone up usually by large amounts. >> you cannot find a place -- >> let me bring in. >> first of all, basically every statistic that john cited is pure bunk in terms of the fact that the more guns equal -- that's true. they were gun-free zones, but attributing that to the fact that this violence occurred, that's where i have to step in. listen, my brother was shot in a shooting on top of the empire state building which was chaotic. i know firsthand. i talked with the victims from the aurora tragedy. to a person, they all say if there were another person armed, it would have led to more carnage. excuse me. i let you talk, let me finish. let me finish. in every one of the cases they say if there were more guns, it would have only led to more chaos. at the empire building shooting in new york. there were highly trained law enforcement officers in the chaos. there were eight other people s
a uniformed cop at every school with no issues. and rea quoted laughable, uk and others are baffled by nra insistence guns are good. you've lost your tag land of the free. keep them coming, we will continue to check on them and read that twitter feed throughout the morning. >>> well, the past 12 months were full of big moments, historic moments, emotional moments, and of course, some pretty funny ones too. here's a look back at the biggest stories of 2012. >> thank you so much. >> the crowd has gathered here. >> we want to be free people. >> the italian cruise ship capsized. >> nearly 23% on unemployment. >> joseph kony. >> viral on social media sites. >> outrage stirs social media. >> my name is sandra -- >> the affordable care act. >> legitimate rape -- >> the largest ipo in tech history. >> one article has the entire country talking. >> the president says he now believes that same-sex marriage should be legal. >> we now know the name of the suspect blamed for the movie theater shooting spree. >> shooting at the sheik temple in wisconsin. >> people have been shot in front of the empire s
to make the uk's number one christmas single. his video has more than 7 million views in just two weeks. of course, there's some unwanted attention. turns out his visa had expired and british authorities have now said mr. mohammed, it's time to go home. so there is a price to pay. >>> there's a guy who won $1 million in the megabucks lottery and it turns out, the clerk screwed up. he messed up. he played the wrong ticket, but the guy won. thanks to the clerk playing the wrong game, the man went into the circle k convenience store in new hampshire. turns out the clerk sold him the tristate game and he won. so go to the clerk, buy him something nice, okay? >> when your stars are aligned, they are aligned. hold on for this next one. should i be angry? >> yes, be angry. apparently being angry and showing your anger is healthy and could add two years to your life. here's a new study, assessing 6,000 patients. they say hot heads live two years longer. >> i love it. >> we'll be right back. >>> this morning on "world news now," chrito >>> this morning on "world news now," christmas tornadoes. a
elliot" which is set in the u.k. during the 1984 miners strike. the story is centered around a young boy who trades his boxing gloves for ballet shoes. >> shuffles and flaps and pickups. >>reporter: something the 13- year-old massachusetts native says is one thing he has in common with the character. what do you like most about billy, about the character? >> dancing. i just love to dance so much. it's definitely my favorite part. >>reporter: do you see yourself in him? >> yeah, absolutely, because we have the same passion for dance. >>reporter: and noah tried schooling me on some of the dance moves. >> down and up. >>reporter: i quickly channeled my inner balance erin a until he ask -- ballerina until he does this, something he does on stage. based on how i'm twirling, i think the foytes whipped me. do you ever get scared that you might mess up? >> i mean, i've definitely messed up, but i don't get nervous. >>reporter: a pro untouched by nerves, dancing, singing and acting his way across the country, one show at a time. at the hipadrom, kris
are doing today. in the uk and p many other parts of world people celebrate boxing day, much like black friday in the united states. retailers offer extreme discounts. crowds of up people fill the streets and stores today hoping to take advantage of those sa s sales. some brave folks in the czech republic took on a freezing river during the traditional christmas swim. the temperature there was 46 degrees fahrenheit. >>> i'm suzanne malveaux. the renewed debate over guns in america playing out is sever fronts today. we'll get right to it. it sfwens fied after the horrific shooting in a newtown, connecticut school that left 6 adults and 20 first graders dead. today los angeles is holding a gun buy-back program. it's usually in may but the mayor decided to move it up after the newtown shootings. >> people want to do something, particularly after the newtown tragedy. now this latest tragedy where two firefighters were shot and killed. they want to act. they're tired of waiting on the congress and our legislatures to do something. they feel like there's too much talk and not enough action,
cemetery for burial. you are looking at video of the memorial service held for her in the uk on friday. she hanged herself on december 7th after being duped by two australian radio dj's pretending to be queen elizabeth and prince charles. >>> police shot and killed a gunman after he opened fire inside a hospital preponderate it happened saturday morning at the st. vincent hot in birmingham. he began shooting as police came off an else i have tar on the hospital -- elevator on the hospital's fifth floor. they are still trying to figure out why that gunman was in the hospital. >>> with christmas almost a week away, many people have already put up their christmas trees. now local fire departments are warning people of possible dangers. this morning san francisco city leaders and the fire chief will be at the st. francis memorial hospital burn center to talk about the risk of tree fires. from 2006 to 2010 fire departments nation-wide responded to an average of 230 house fires each year that were started by a burning christmas tree. >>> tomorrow is traditionally the busiest mailing deof the yea
and the u.k. after a federal judge yesterday denies apple's request to ban sales of samsung's smart phone found to illegal use apple technology and instantgramm says it has the right to sell your photos without payment for notification and there is no way to opt out. move such to take effect on january 16th and the policy coming from three months after facebook completed its acquisition of the photo sharing sight. that is the latest from fox business giving you the power to prosper. ashley: budget talks in washington dominating headlines. our investors overlooking the bigger global threat than the fiscal cliff? joining us doug cote, chief market strategist withing investment management. always spending too much time worrying about the fiscal cliff and what worrres you on the global scale? >> fundamental you shouldn't focus too much on politicians anyway, what we are looking at is paying attention to the fundamentals of corporate earnings, what matters to companies and what we have seen is this is the first quarter in twelve consecutive quarters that year over year earnings growth is negat
're not being impacted at this stage. we are in the france, uk and spain and all of our businesses are growing in each market. we're hiring in all of those markets. anybody who wants to know. >> have you changed the mix of samples depending on the economic environment? for instance in 2008 did you have maybe a lower end price point product as well as a higher end or no? >> that's one thing about the beauty industry, trends are always changing. it's an accessible luxury. you've heard of the lipstick effect. when the company goes down people want to treat themselves. one thing we've seen this year is male trends. nail polish, nail art. >> carl loves nail polish. he just loves it. >> what are all those people who give out samples in department stores going to do when you put them out of business? >> they're doing something different. department store sampling and sampling in stores is a loyalty moment. it's not a great thing to do for customer acquisition. you still have to get a customer to walk up to you. we're doing something really different. it's customer acquisition and it's in a very targe
. and increasing the funding for the uk by over 25% a year. so they can help more firms build the capacity of overseas british chambers and maintain our country's position as the number one destination in europe for foreign investment. we are launching a new 1.5 billion pounds export finance facility to support the purchase of british export. [cheers] third, we are addressing the credit problems of companies we are providing it with 1 billion pounds of extra capital which will leave her either planning to help small firms and bring together existing ones. fourth, we are going to cut business taxes go further. let me tell you how. the temporary doubling of the small business rate relief scheme helps the small firms were 350,000 firms paying pay no right at all. the last government, we will end it in 2011, we have already extended its next april. and i extended by a further year to april 2014. we also confirmed the tax relief for our employees and shareholders. the energy bills provide renewable energy and we publish our gas strategy today to make sure that we make the best use of lower-cost
if any laws were broken. >> who knows what the laws in australia and u.k. are? when i listen to those ryan roses things and that's happening live. i don't think they're getting anybody's permission to do anything. >> gretchen: you're a standup comedienne as well. >> my comedy -- i'm not a mean comic. i think if i make fun of anybody, it's myself most of the time. and i think you never know how people going to react when you're cruel. my father always said this, you never know what's going on behind somebody's eyes. and you tonight. you don't know what they've come into a room with. so look, a million times we've predicted the end of iron glee this country. i don't think this is the end of anything in this country. there are always people who are willing to go to extremes to get a laugh. i hope people will consider the possibility of what the results might be. this is something that will probably never happen again. it is a unique, unusual, very singular occurrence. >> eric: you're going to be on "glee"? >> i'm going to be on "glee"! i'm super excited. ryan murphy is an incredible tale
would publish to is pulling your strings. the great problem with america, like in the u.k., is not so much the tax rate, but tax avoidance. the last point that i would like to make, 35 years, it led to the biggest crash since the 1930's. the reason why the state is in some much that is to be bailed out the banking system. maybe we should tackle that first before the flat rate tax system that does not work for people. guest: from our perspective, we vociferously opposed wall street. i thought that that was the very moment that public policy was straightened out in this company. 700 billion bailed out bad actors in this country? i am with you on that. we need to clean out capitalists. let's go after all of those special deals in the tax code. bankers and unions, all of the year marks have been put in their. that is what the tax code is all about. but if tax rates go too high, taxpayers will avoid them. tax rates matter. incentives matter. public policy in washington, d.c., changes the behavior of people. host: national links, this recent piece in roll-call says that freedom works as the
's grappling with the same question helped by some decent uk inflation data today. and a t-bill auction in spain. our road map begins with what appear to be significant progress in the debt negotiations overnight. a whose proposal looking to raise rates for those making more than $400,000 a year. but senator corker on squawk just poured a bucket of ice water on those hopes. >> whitney boosts her recommendations on citi, bank of america and discover financial. is that move by one of the more famous financial bears, a sign of a new era for banks? >> walmart is once again the target of a "new york times" investigation. but does the paper add anything new and can the stock outperform just as it did last time. >> private equity firm server said it will sell the firearms conglomerate. is private equity talking about guns in the country. >> futures moving higher on optimism. the white house republicans rising above partisanship, getting closer to striking a deal on the fiscal cliff. we have the latest on not just the breakdown of this offer, but by the response of some key senators this mornin
're covering it in the u.k. and seeing it on tv and probably brings back really bad memories for him, but if i am a parent of one of those kids who witnessed such carnage at newtown and i see andy murray mentally healthy, successful, dealing with it all, you know, seemingly -- >> it is not something brought up either because of the fact, you're right, he is like every other tennis player out there. he has his bad days, his good days. he was one of the most emotional responses ever at wimbledon when he addressed the crowd and thanked him after he was beat this year and he was tearful and then the joy at the olympics, him winning the gold medal at the london games. he has had an up and down year and to end the year like this is truly amazing and i am interested to see what part if any he wants to have in these family's lives. >> i hope some. he is prove you can be okay. >> that's a great point. he is proof that you can go on from something as horrific as this and he wasn't in the other end. he was walking to the gymnasium. 30 seconds later he may have been one of those kids who was tragically ki
. the days leading up to today's vote have been marred by many protests and lots of violence. >>> in the u.k. a mass was held for the nurse who apparently hanged herself following a prank call. her husband and children spoke publicly about their loss for the first time since her death. jacintha saldana took the hoax gradual two australian d.j.s regarding prince william's pregnant wife catherine. the nurse's funeral will be held on sunday in southern india. back to you. >> thank you very much. let's get to the latest developments now on this mass shooting here in connecticut. the sandy hook elementary school in newtown, connecticut. here's what we know as of right now -- the bodies of all 26 victims, 20 of them children, six adults, have now been taken out of the small elementary school, transported to the medical examiner's office. investigators will remain at the school, though, for the next day or two, at the least gathering more evidence. the shooter identified as 20-year-old adam lanza forced his way into the school. but they're not revealing exactly how he got in. police also say they f
on sunday. a uk-based human rights group says at least eight people were killed there. meanwhile, vice president farouk al sharia told the lebanese newspaper that neither the rebels nor the current government has the ability to reach an end point. an opposition group says at least 150 people were killed across syria on sunday. >>> south carolina governor nikki haley announced that congressman tim scott will replace outgoing senator jim demint. haley said she was looking for a conservative fighter. he thanked his mother for not quitting on him. >> when you start out in a single parent household with a mom who works 16 hours a day, and you're looking at a future that doesn't look as bright and you're living in charleston, south carolina, you build the strength that comes from having appreciation and understanding that it is not about you, that it is about your faith, about your family, and i love my mother who is here with me, francis scott. >> governor haley praised the outgoing senator jim demint calling him a conservative rock star. scott takes the reins in january when demint leaves
%. what we saw was the recession expanding. spain, italy, the uk, all found austerity taking its toll even more as unemployment continued to rise in some of those countries. even the large country, the economic powerhouse germany found its slelf slowing down. the root cause of it all was the inability of the european governments to come to policies to get growth started again. towards the middle and end of the year they did, but the tale was style there. very much austerity again and again. perhaps if there was only one change that took place as we moved into the fall and into the winter. it was the realization that most of these countries could take no more austerity. social welfare having been cut, health care cut, unemployment, growth virtually nonexistent. now the talk is not of more austerity, but how to get growth started again across the contine continent. suzanne. >> thank you, richard. >>> christmas, of course, is a time of giving, but there are many struggling families in boston that couldn't aafford to get their children he anything. this year for almost six decades help kamt no
morning sickness and dehydration. kate middleton presenting awards at a uk sports ceremony in london. jenna: back to our top story now the kopbd connecticut school massacre. as we await the funerals of two young people killed in that rampage investigators are pouring overcome pursuiters trying to figure out how adam lanza planned his spree. where do you start the investigation? >> first need to please acknowledge the families and slims. my deepest sympathies. so our digital lives are a window into our minds. and by discovering a person's digital life you essentially can map out their life's past and future intentions, and the point of a digital discovery essentially is to find out what happened, and essentially how to prevent this in the future as well. jenna: so where do you start with the material that you might have in a typical case? >> easily, very simply as you would with your own device, from the desktop in you scar the hard drive looking through all different document folders, looking at all the different files and folders, the names of them, the different documents within, a
to protect pol pots of the world. we'll never accomplish a ban. we'll never have a uk -- >> let's talk about that. people are talking about a sensible conversation. >> can i pause for one moment? >> this is the kind of thing that we're not allowed to chat about and we should. >> you mentioned the second amendment and everybody refers to it. let's read it first. here is the second amendment, literally what it says, a well-regulated militia, being necessary to the security of a free state, the right of the people to keep and bear arms, shall not be infringed. >> it has nothing to do with hunting or personal self-defense. these people had just beaten the british and enshined the ability to ton have civilian protection. that's why we're different. >> but this is -- this is -- this is the fundamental problem i have with that. and i get it, i understand historically how we came to that point. but i'm not trying to fight the federal government. i'm not trying to grab a .9 millimeter and say i don't want a federal trooper coming into my home. we have to reach a point in this country when you have --
and it has worked extremely well and australia and the uk. the political aspect would be huge. >> low-income students are risk averse. they do not have secret bank accounts where they can address the situation. and if they fail, the burdens of being on them. they are less likely to pursue a college education if it means earning more than their parents do in a year. we expect pell grant recipients to graduate with more debt than middle and upper income students. they are anywhere from 150% more likely to graduate. we are burdening those the least capable of the most that. the problem is that they are going to impact access. >> the point before you go on, a lot of that is about communicating to families what this means. it is far from perfect, but they are borrowing well beyond their families capability, baking on the fact that they will be able to. i don't disagree that there isn't a perfect model, but i think it has huge potential. >> i want to move on to questions from the audience because i want to get in as many as possible. i think what is interesting, so far, there seems to be a
hangover. it was worth it, wasn't it? so good. but in the uk, canada, and some other parts of the world, people are celebrating boxing day. okay, so it is like a black friday in the u.s., retailers offer big discounts, crowds of people fill the streets and stores today hoping to take advantage of those sales. >>> we're a few minutes away from the top of the hour and "the situation room". joe johns is here with the preview. >> a lot of news out there for the day after christmas. we're counting down the minutes until we reach the fiscal cliff. the congress and the white house are running out of time. there was supposed to be a leadership telephone conversation today, while the president heads back here from hawaii. senior congressional correspondent dana bash is following that closely, so we'll be checking in with her. we're also staying on the story of the gun culture in america. we'll talk to former congressman asa hutchinson, a man who is very well known here in the nation's capital, a long-time friend of the gun lobby. he's been tapped to lead the nra plan to put armed guards in schoo
to stay profitable going forward. aggreko, this is a power generator supplier here in the uk, down 15% after it was talking about the outlook for 2013. more muted than what certainly people had been expecting. and holcim, the world's biggest cementmaker, it's reinvesting, taking write-downs and charges in its fourth quarter in order to cut operations in most of the of its european operations down 1.3%. certainly not as much as adegreeso, but kind of a da room ter. i want to turn now to forex, show you what's happening with the euro first. over here, as you can see, we're down about .3%. that's consistent with what we're seeing across bourses. bond not all that interesting today. a bit of a mixed bag. and i'll end here, guys, on, of course, the dollar/yen. japan did have when aer being called transformative actions weekend. it still remains toes be seen whether shinzo abe is going to be the next prime minister. can it help spur the company back towards growth? remember, with currencies, it's all relative and there are a lot of other players around the world who are trying to weaken the
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